Northampton Township, Pennsylvania, has appointed Wells Fargo Advisors as investment consultant for its pension plans, Pensions & Investments reports. The consultant will advise uniformed and non-uniformed pension plans worth a total value of $22 million.
CoreStates Capital Advisors and Stifel Nicolaus were previously advising the pension fund on the two plans. Smith Barney, Janney Montgomery Scott and Philadelphia Trust were also considered for the mandate.
Click here for the story from Pensions & Investments.